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Code · New Jersey · Title 58 — Insurance · Chapter 26

58:26-4. 40-year contract maximum

80 words·~1 min read·/nj/title-58/chapter-26/58-26-4

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The provisions of any other law, or rules and regulations adopted pursuant thereto to the contrary notwithstanding, any contracting unit may enter into a contract for a period not to exceed 40 years, with a vendor for the financing, designing, construction, operation, or maintenance, or any combination thereof, of a water supply facility, including a water filtration system, or for water supply services, pursuant to the provisions of this act. L. 1985, c. 37, s. 4, eff. Feb. 1, 1985.
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